Isaiah Jernigan
Financing an ADU for STR
Hello BP. So I recently purchased my first house hack in Durham, NC about two months ago. My original plan was to put 3.5% down and use the rest to build an ADU in the back yard (and use it as a STR for cash flow) and...
Walter Hogan
Can you get a investment mortgage with a low FICO score?
Just wondering... Many lenders advertise that they offer loans based on the deal..... the cash flow, dscr and other data. But my recent experience seems to indicate that a medium FICO is also a major requirement....
Marc Thomas
How to switch commercial property to residential
I have found a few great deals for the potential of a small MF but they are currently described as commercial. I would love some advice on how to go about getting this done. And how to present to the owner so it can b...
William Wright
First Chicago Househack
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Chicago.
Purchase price: $650,000
Cash invested: $65,000
Buy-and-hold house hack in Chicago's Lakeview.
How did ...
Matias Crosa
Investing in the US from outside the country (Internationally)
Hello fellow investors,For the last month I've been researching and educating myself on the topic of real estate investing and found it extraordinary. However, I live in Uruguay, and the housing market as well as the ...
Dev Paul
Thoughts on non traditional lenders for unwarranted condos
Hope everyone is looking forward to the long independence day weekend! While discussing my options on another thread, i was introduced to the idea of some non-traditional lending which i had no idea about earlier. To ...
Noah McPherson
Refinancing my duplex
Hey Everyone,I'm a beginner investor from Duluth, Minnesota, and I'm closing on my first duplex July 8th. Since I'll be house hacking, I'm considering renovating the unit I'm in and doing some exterior work as well. I...
Danny McGreevy
Understanding benefits of Cash Out Refi for downpayment on another property
Hi BP Fam!I purchased a property recently with 20% down. If I end up needing more capital for another rental property, I may wish that I put 10% down so that I can have more capital available for another downpayment....
Matthew Gehlhausen
Muncie Indiana Buy and Hold
I am looking to possibly buy and hold in Muncie. It would not be student rentals necessarily. Anyone having success in this market? I know average rents are low, but it seems like a good place to start with lower p...
Emily Threw
New Member - Hello!
Hi All! Very excited to be part of this community. I just started my real statement investment journey venturing into rental property investments. My goal is to ultimately replace my monthly income from my corporate j...